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Enron Mail |
We need the Bermuda law legal opinion. What is the hold up?
Carol St. Clair EB 3889 713-853-3989 (Phone) 713-646-3393 (Fax) carol.st.clair@enron.com Caroline Abramo@ENRON 05/21/01 03:33 PM To: Carol St Clair/HOU/ECT@ECT cc: Paul Radous/Corp/Enron Subject: AIG Carol= Paul is OK with raising the cross default amount... can we get out draft ISDAs to them???? AIG Commodity Arbitrage Ltd. and AIG Commodity Fund L.P. Thanks, Caroline ---------------------- Forwarded by Caroline Abramo/Corp/Enron on 05/21/2001 04:29 PM --------------------------- Carol St Clair @ ECT 05/10/2001 09:00 AM To: Caroline Abramo/Corp/Enron@Enron cc: Frank Sayre/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Brent Hendry/NA/Enron@Enron, Sara Shackleton/HOU/ECT@ECT, Paul Radous/Enron@EnronXGate Subject: AIG Caroline: I have received and reviewed their comments. On the legal front, they are objecting to the Bermuda law opinion. We cannot do this without an opinion. If we need to recommend Bermuda counsel to them we can. On the credit side, for AIG Commodity Arbitrage Fund LP they want to increase the cross default threshold from $1,500,000 to $2,500,000. Paul, are you okay with this? I am okay with their other comments. Carol St. Clair EB 3889 713-853-3989 (Phone) 713-646-3393 (Fax) carol.st.clair@enron.com
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